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plz help! repare Krum Company's journal entries to record the following transactions involving its short-term investments in available for-sale lebt securities, all of which occurred
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repare Krum Company's journal entries to record the following transactions involving its short-term investments in available for-sale lebt securities, all of which occurred during the current year. 0. On August 1, paid $76,000 cash to purchase Houtte's 12%, six-month debt securities ( $76,000 principal), dated August 1. b. On October 30 , recelved a check from Houtte for 90 days' interest on the debt securities in transaction a. Note: Use 360 days in a year. Do not round your intermediate calculations. Journal entry worksheet 2 On August 1, paid $76,000 cash to purchase Houtte's 12% six-month debt securities ( $76,000 principal), dated August 1 . Note: Enter detaits before crodits Step by Step Solution
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